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You are the owner of a small Internet company.You are planning a public offering in 12 months.You ask your accountant to prepare an optimistic business model that shows a greater profitability potential than a conservative estimate would produce.When the accountant questions your profitability assumptions,you remind him that he has been given 10,000 shares of the company stock at a low price.A public offering would dramatically increase the value of those shares.Discuss the ethical issues faced by the owner and the accountant.How should they be resolved?
Federal Law
Legislation enacted by the national government of a country that applies to all of its states or territories.
Lease Term
The duration of a lease agreement, specifying the start and end date, during which the lessee has the right to use the leased property.
Tenant Vacates
The act of a tenant leaving a rented property, thereby terminating their occupancy under the terms of a lease or rental agreement.
Evictions
The legal process by which a landlord removes a tenant from rental property, usually for violating terms of a lease or not paying rent.
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